Bitcoin Inu vs MemeCore

MemeCore (M) is 52235.6× the size of Bitcoin Inu (BTCINU) by market capitalisation. Over the past 30 days, BTCINU is ahead by 5.7 percentage points (BTCINU -21.6% against M -27.3%). Their daily returns move barely together (correlation 0.17 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against BTCINU's 43%.

Correlation: 0.17
Size ratio: 1 : 52235.6
Ahead over 30 days: BTCINU

Bitcoin InuBTCINU

$0.001730

24h: —
Market cap: $36,339
Volume 24h: $70
Volatility (ann.): 43%

MemeCoreM

$0.827343

24h: -0.10%
Market cap: $1.90B
Volume 24h: $1.71M
Volatility (ann.): 108%

BTCINU 0.0%Share of the two combined market caps100.0% M

Performance

BTCINUM

7 days-3.47%-19.79%BTCINU
30 days-21.57%-27.25%BTCINU

Correlation

0.17over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	BTCINU	M
Max drawdown (400d)	-22.4%	-41.1%
Risk-adjusted return (90d)	-0.48	-0.25

Relative strength over 90 days: M outperformed BTCINU by 8.1% — measured on the BTCINU/M ratio, so it holds regardless of market direction.

Bitcoin Inu →MemeCore →